$323,000
SOLD JUN 5, 2020

5711 Michael Dr NE Cedar Rapids, IA 52411

5 Beds
4 Baths
3,074 Sq Ft
1.12 Acres

Recently Sold

$105 Per Sq Ft

8% Below List Price

172 Days on Market

Highlights

  • Great Room with Fireplace
  • Recreation Room
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • 3 Car Attached Garage

About This Home

As of June 2020

Private sanctuary made for entertaining on wooded, in-town acreage! If you’re looking for the perfect home for gathering family and friends, look no further. This 5 bedroom, 2.2 bath ranch is made for entertaining! Large great room features brick fireplace with mantel and gourmet kitchen with HUGE breakfast bar that can easily seat 6 guests. Beautiful white cabinetry, tile backsplash, under cabinet and baseboard lighting, recessed lighting, stainless appliances, pantry with pull-out shelves, a generous amount of cabinet and counter space, room for casual and formal dining tables, sliding glass door to patio and backyard; and 2 sliders leading to the sunroom – this great room is fabulous! Main floor is completed with master bedroom, two additional bedrooms, 2nd full bath, main floor laundry and huge area perfect for drop-zone, office space, craft room or playroom. As you head to the lower level you’ll walk into the dream entertaining space: wet bar complete with stove; rec room with pool table, dart board and room to add couch, tv or more games! There are 2 additional bedrooms, a bonus room perfect for an exercise room, half bath and workshop, plus a lot of storage. But wait, the tour isn’t complete yet, we haven’t gone into the large 3 seasons/sunroom off of the great room which leads to the patio, outdoor kitchen, “Tree house bar”, firepit and spacious backyard. This is a dream location convenient to shopping, major employers, Hwy 100 and minutes to I-380.

Last Agent to Sell the Property

John Beltramea

EXIT Eastern Iowa Real Estate Corridor Listed on: 11/05/2019

Last Buyer's Agent

John Beltramea

EXIT Eastern Iowa Real Estate Corridor Listed on: 11/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,766

Year Built

  • 1981

Lot Details

  • 1.12 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,766

Year Built

1981

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.1200
  • Above Grade Finished Sq Ft: 1814
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 5766
  • List User Cell Phone: 319-329-5646
  • Low Lvl Fin Sq Ft: 1260
  • Miscellaneous: 3 Seasons, Cable Ready, Patio, Storage Shed
  • Net Tax: 5582
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97945
  • Ratio Close Price By Original Li: 0.91820
  • Ratio Current Price By Sq Ft: 178.06
  • Total Sq Ft: 3074
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 3 Seasons, Great Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Level, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Off Street Parking
  • Garage Size: 3 stal

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 1.12

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 2, 2020
Sold by
Kuenen Brenden D
Bought by
Riley David T and Riley Carla M
Seller's Agent
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
Buyer's Agent
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
List Price
$329,777
Sold Price
$323,000
Premium/Discount to List
-$6,777
-2.06%
Current Estimated Value
$418,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,014
Avg. Annual Appreciation
4.96%
Original Mortgage
$258,400
Outstanding Balance
$229,479
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$188,535

Purchase Details

Closed on
Jun 1, 2012
Sold by
Walderbach Lorence D and Walderbach Donna Lynn
Bought by
Kuennen Brenden D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1999
Sold by
Dusil Richard W and Dusil Jane A
Bought by
Walderbach Lorence D and Walderbach Donna Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $323,000 Hawkeye Escrow Company
Warranty Deed $275,000 None Available
Warranty Deed $199,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,400 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $159,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $323,000 0.0% $105 / Sq Ft
06/05/2020 06/05/20 Sold $323,000 -2.1% $105 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $329,777 0.0% $107 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $329,777 -2.9% $107 / Sq Ft
12/05/2019 12/05/19 Price Changed $339,777 -3.4% $111 / Sq Ft
11/05/2019 11/05/19 For Sale $351,777 -- $114 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,324 $412,300 $75,900 $336,400
2024 $6,520 $415,400 $75,900 $339,500
2023 $6,520 $367,800 $75,900 $291,900
2022 $6,402 $318,000 $60,700 $257,300
2021 $5,808 $318,000 $60,700 $257,300
2020 $5,808 $271,800 $50,600 $221,200
2019 $5,582 $267,500 $50,600 $216,900
2018 $5,424 $267,500 $50,600 $216,900
2017 $5,261 $256,600 $50,600 $206,000
2016 $5,261 $247,500 $50,600 $196,900
2015 $5,097 $239,545 $50,600 $188,945
2014 $4,912 $239,545 $50,600 $188,945
2013 $4,988 $239,545 $50,600 $188,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908093

Cedar Rapids Area Association of REALTORS®

APN: 12361-77004-00000